Posco: Buffett Wants to Buy More Shares

South Korea's Posco said on Tuesday U.S. investor Warren Buffett, whose investment vehicle owns 4.5 percent of the world's No.4 steelmaker, had indicated he wanted to buy more Posco stock.

Posco said in a statement that the U.S. billionaire said he wanted to own more Posco stocks after missing the opportunity to buy them on dips last year when the global financial crisis depressed equity asset values.

South Korea's Posco said on Tuesday U.S. investor Warren Buffett, whose investment vehicle owns 4.5 percent of the world's No.4 steelmaker, had indicated he wanted to buy more Posco stock.
Posco said in a statement that the U.S. billionaire said he wanted to own more Posco...